Skip to main content

About your Search

20130801
20130831
STATION
CNBC 30
LANGUAGE
English 30
Search Results 0 to 29 of about 30 (some duplicates have been removed)
exposure to europe, china, latin america. you know i think europe and china are turning, one of the reasons why the euro is so strong for europe term. as for latin america, bud's business has been held back by the weakness in brazil. i know brazil's troubled, but i don't think that weakness is going to last. the world cup comes to brazil in 2014 followed by the olympics in 2016. i think you're going to believe those are going to be pretty darn good for beer sales. bud sells for 17.4 times next year's earnings estimates, gets fair priced considering all the good things going this company's way. although, of course, obviously like everybody else, like it on a pullback. here's one. this is what the crowd drinks in summit, molson coors, tap, i see it similar to bud but with less international exposure and a stock run up further. specifically 18% year-to-date. that's why i'm saying that bud has more room to run because it's well behind this one. and certainly well behind this one, although, this one is an up and comer. suppose you want something stronger than beer, though, then the pick is very
in our nations capital under the shadow of the great emancipator to awaken america's long slumber conscience. we rightly and best remember dr. king's soaring oratory that day. how he gave mighty voice to the quiet hopes of millions, how he offered a salvation path for oppressed and oppressors alike. his words belong to the ages. possessing a power and prophecy unmatched in our time. but we would do well to recall that day itself also belonged to those ordinary people whose names never appeared in the history books. never got on tv. many have gone to segregated schools and sat at segregated lunch counters. they lived in towns where they couldn't vote and cities where their votes didn't matter. there were couples in love who couldn't marry. soldiers who fought for freedom abroad that they found denied to them at home. they had seen loved ones beaten. and children fire hosed. and they had every reason to lash out in anger or resign themselves to a bitter fate. and yet they chose a different path. in the face of hatred they prayed for their tormentors. in the face of violence they sto
to the credibility and the future interests of the united states of america and our allies. it matters because a lot of other countries whose policies challenge these international norms are watching. they are watching. they want to see whether the united states and our friends mean what we say. it is directly related to our credibility and whether countries still believe the united states, when it says something. they are watching to see if syria can get away with it because then maybe they, too, can put the world at greater risk. and make no mistake, in an increasingly complex world of sectarian and religious extremist violence what, we choose to do or not do matters in real ways to our own security. some cite the risk of doing things, but we need to ask what is the risk of doing nothing? it matters because if we choose to live in a world where a thug and a murder er like bashar assd can gas thousands of his own people with impunity, even after the united states and our allies said no and then the world does nothing about it, there will be no end to the tested of our resolve and the dangers that w
.5 million this quarter. almost 50% of our business in north america is mobile. we're focused on migrating from being a daily deal e-mail business to being a true e-commerce marketplace where we now have over 54,000 deals live every day in north america. and we're focused on taking what's working in north america where we saw 23% growth in q1 accelerate to 30% in q2. and really give that to the rest of the world. we're by no means done. we've got a long way to go. >> now, you're alluding to the fact that though you have seen significant growth in the u.s., there is still significant weakness internationally. what's your plan to get the rest of the world on track? >> i mean, we saw some good improvement this quarter. europe shrank 8% year over year in q1. and that accelerated to 4% growth in q2. so that's pretty significant growth. we're now focused on taking the stuff that works. we know when we bring more deals to the market it has a huge effect. when we can get consumers to basically start with groupon when they want to buy anything anywhere, any time, we know that has a huge impact. and
call minds in america is set to join us tonight. we're going to ask larry sabato about what's wrong with the deck kratz today. hillary clinton's presidential chnss and get a look at the big new online course and all about the legacy of john f. kennedy. all of those stories and more coming up on "the kudlow report" coming up right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." the federal reserve minutes. did they tell us anything? steve liesman joins us in jackson hole. >> good evening, larry, from jackson hole where the fed is gathering. they're gathering without ben bernanke and mario draghi. the fed is releasing its minutes from the july meeting in which it showed no clear intention as to the tapering in september. the committee is split with a few members saying the fed should be patient before tapering. there was not enough economic data and a few members saying the fed should stick to the plan announced in june. quote, it might soon be time to taper. almost all of the participants were pretty comfortable with the june guidance which said that t
to be buying. the president of the americas jerry smith joins us exclusively. good to have you on the program. >> thank you. >> thank you for joining us. a good story you are selling more tablets and devices than pcs, right? >> we are proud of that. in the quarter, we had an outstanding quarter. it's a reflection of our strategy, we are now teleselling more phones than tablets. that's a part of our pc plus. we believe we are a device company now. >> i want to ask you about. that all the speculation out there is what is going to happen with blackberry. are you in a position to acquire blackberry in. >> i can't comment on possible acquisitions. i will say right now organically we grew our smartphone business successfully. we will look at potential value and if it fits from a strategy perspective as well. >> so let's look at the difference here him i have a black brry in my hand. can these two merge and be a better device? what do you think, jerry? >> we will keep looking at all opportunities. >> why wouldn't you buy blackberry in they're so popular? what would stop you, seriously in. >> i think
higher for the remainder of the year. and, again, in 2014, we'll talk to the ceo of america's natural gas alliance. and next, as we head to break, a look at july's best and worst-performing dow components. if you're serious about taking your trading to a higher level, tdd#: 1-800-345-2550 then schwab is the place to trade. tdd#: 1-800-345-2550 call 1-888-284-9410 or visit schwab.com/trading to tdd#: 1-800-345-2550 learn how you can earn up to 300 commission-free online trades tdd#: 1-800-345-2550 for six months with qualifying net deposits. tdd#: 1-800-345-2550 see how easy and intuitive it is to use tdd#: 1-800-345-2550 our most powerful platform, streetsmart edge. tdd#: 1-800-345-2550 we put it in the cloud so you can use it on the web. tdd#: 1-800-345-2550 and trade with our most advanced tools tdd#: 1-800-345-2550 on whatever computer you're on. tdd#: 1-800-345-2550 also, get a dedicated team of schwab trading specialists tdd#: 1-800-345-2550 who will help you customize your platform tdd#: 1-800-345-2550 even from the comfort of your home. tdd#: 1-800-345-2550 and talk about ideas and
to revolutionize high-speed travel in america. phil lebeau joins us now. we understand his announcement, more details in maybe an hour's time. >> we'll hear about the hyperloop, or at least his vision of it. the hyperloop hoopla is what we're looking at, because we don't have an indication of what he's going to tell us. he told us it's a theory. not a company he's forming. it's his vision of the future. it will be solar-powered and have the cost lower than what it would take to take a comparable trip in planes or trains. he tweeted a few hours before he pulled an all-nighter developing his hyperloop plan. the hyperloop will have an open architecture, so in other words, if other technology companies, other software engineers, if they want to add to the hyperloop that he throws out there, that's a possibility. i want to show you the animation, because this is the vision of a company out of colorado. et-3, it's developing tube transport technology. it's already issuing licenses to technology partners, similar to what musk has talked about, an open architecture. et-3 says tube transport costs wil
've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. >>> labor day just a couple of weeks away. we're firing up the barbecue because it's cookout week here on "mad money." and you know what, this cookout really couldn't have come at a better time. with the market feeling like it's ready to take a bit of a breather, you might want to side l up to more defensive stocks. perhaps in the spirit of what liquor can do for you. last night, i told you about the healthy organic food i'll be grilling up. you can't have a barbecue with nothing more than just tofu and soy milk. the key ingredient to any cookout is brewskis. and looking like we've got a burgeoning red hot bull market in the beer stocks. in the first four weeks ending on the 3rd, beer sales up 3.8%. that's a huge acceleration from the 1.8% increase in the pre
's the chart. as josh brown pointed out this morning, for those who were -- thought this bet on america, on an american recovery was misguided -- >> or naive. >> slammed it in their face. stock's up 31% this year. >> to go back to the point as well, book value which buffett likes to use, up 2% for the quarter. in a period where travelers, some of the other big insurance competitors suffered because of their exposure to what was happening in the bond market. buffett what does he do? he buys companies. concentrated stakes in equities which did well in the second quarter and that helped outperform a the lot of his peers. >> buy a railroad, utility company in nevada hoping on recovery from recession there. big mac cr macro bets. >> tyson food, 69 cents, beat business 9 cents. revenue a beat. chicken and beef volume, up 4%, hard to do in this in economy. >> especially with beef prices the way they are. >> interesting you mention that. chicken feed costs up $105 million in the quart, less than 335 in the first half. the thinking is, they're looking at commodity costs coming down, even as pric
. >> is it likely? >> i don't know the answer to that unfortunately because law enforcement management in america at the federal level is a disaster. >> do you agree with that, mitch? that's a pretty big statement. >> those are strong words for somebody who used to be a u.s. attorney. he outranks me. i'm not going to try to take that one out. >> you must be right. possible certainly isn't a lot of support for the federal prosecutions that we have in this country. >> i have great respect for the agents and the u.s. attorneys around the country who do a very difficult job. i was a u.s. attorney, i was an independent counsel. i've had a lot of experience. but i'm going to tell you something, federal government has gotten too big, federal law enforcement agencies have gotten too big. they are manageable. nobody know what is they're doing. look at the latest story about how the dea is providing information to the nsa interc t intercepts and are being told to lie to federal judges about it. you cannot have law enforcement functioning where they are told it's okay to lie to a federal judge about how a
that top analyst forecasts help aid long by better sales? north america. a nice stock entering today done about 20% from its highs earlier this month. as for those in the red, big oil taking a beating. exxon, mobile and chevron down more than 1%. so bill, big movers here for big names at least. back over to you. >> bank of canada though, was up. about 1% today. royal bank of canada. rbc with record earnings for the quarter. so now we ask, what's next for the bank? >> with cnbc exclusive interview, gordon nixon. ceo of rbc. >> nice to be back with you both. >> one thing that's clear from your earnings, is that rbc is making hay while the sun is shining. i whether i remember target earnings report, weakness in canada et cetera, do you see storm clouds gathering on the horizon for the canadian economy? >> we don't. by and large, you know, business continues to be very strong. record results in canadian banking. record results in wealth management and strong results across all of our other businesses with a strong 20% return on equities. so it feels pretty good. i think the outlook for the ba
an account. >>> drum roll, please. the top five twitter accounts in corporate america. facebook, google, starbucks, whole foods and walt disney, the mouse house. well, wednesday at 9:00 eastern and pacific the twitter revolution airs on cnbc. it's a new documentary profiling how this company works and how it's changing the world. the story takes us all the way back to found thor jake dorsey's original idea and the first brainstorming session in a san francisco playground seven years ago. >> even as it matures into a serious immediate can a company, twitter has kept its youthful energy and cheeky sense of humor. >> a lot of people around america, they watched us and said this is not like my office. >> not everyone has one of these. life sized tomb raider statues. >> reporter: dick costello is twitter's ceo. he works long days and hits the company gym whenever he can. in social media it's survival of the fittest. >> the average in the company is 25 years old. i'd fall over at 4:00 if i wasn't in good enough shape to keep up with everyone. >> reporter: twitter's rise in just seven years ha
for something other than power generation and our gas grills. nat gas is cheaper in north america than anywhere else on earth. which is why i've been on a crusade for anything using natural gas as fuel for surface vehicles. and we need chart industries, gtls, gas to liquids. chart makes the precision engineer cryogenic equipment, allowing it to be used for fuel for trucks, they also make engine tanks that hold stuff for heavy duty tanks and an industrial gas business and a biomedical division where they make liquid oxygen therapy doing tremendously. the stock has been on fire, it's up 200%, it's a triple since i got behind it in february of 2011, up 20% since we last interviewed the ceo at the end of may. the company reported strong quarter on july 30th. let's check in with samuel thomas, the president and ceo of chart industries, find out more about his prospects. welcome back to "mad money." good to see you, sam. >> good to see you. >> i've got a ton to ask you. but first, what the heck is this boost behind us? >> jim, this is a self-contained filling station for lng, also can be used for nat
a lot of inconsistencinconsistenc. in the americas, things are going pretty well as they are in northern europe. in southern europe, not as well. in japan, where cisco was doing very well last year, now they have some tough comparisons. also in the rest of asia, it is just a mixed bag. china is an area where cisco continues to have trouble. ceo john chambers said on the conference call cisco is committed to delivering on the financial targets they set, like gross margins being above 60%, like earnings growing faster than revenue in most quarters, well managed businesses do that, he said. and therefore that necessitates the making of the cuts so they are able to roll with the punches and the changes in this environment. he also said that cisco is taking too long to make decisions. he's going to cut out some layers that are slowing cisco down. but the stock tumbled at one point more than 10% after hours. if that is indeed where the stock opens later today, it will be back to the levels where it was back in may. guys, back to you. >> here is a quick look at cisco shares in germany, off by s
. and deutsche telekom warning of a profit slowdown in 2013 and looking toward north america for growth. where are the opportunities for this particular sector. we'll talk about that at 11:50 central european time. hope you had your pens and pencils ready. you can find us on e-mail as usual, worldwide@cnbc.com. and you can as per usual find us on twitter. but, again, just coming back to one of the stories breaking on our wires, we're hearing that there has been a quake in western japan. no tsunami warning issued according to dow jones news wires quoting media and magnitude of 2.3 is the magnitude of this quake in western japan. again, no tsunami warning issued. >>> let's move on, though, because china's trading activity in july has given new hope that mainland growth is stabilizing. exports climbed by around 5%. imports surging almost 11%. both figures were a lot better than analysts estimates. the rebound comes as a surprise given china's lackluster trade performance in the past couple of months. that's after authorities clamped down on illegal cash transfers disguised as trade deals. joining
newspaper is no longer appropriate for america's households. if your two guests were correct, then "usa today" would be making a billion dollars a year. they're not. the newspaper industry is the issue, not the content. there are many newspapers that chase the so-called middle that you think the "washington post" is turning up its nose at. but none of them are making money. the structure is no longer appropriate for today's -- >> who's making money? just for the heck of it, who -- which left-wing operation turning up its nose at ordinary people is making money? >> politico is. >> who? >> i think politico is left of center and they're probably making money, larry, because they -- >> huffington post. >> -- don't have any of those overhead costs. and i think the "washington examiner witt which is right of center is making money. but the post is dying not because it doesn't have the technological advantages mike's referring to. it's because their very talented reporters -- i'm going to say dan balz is the best in the business, dan wilbers, rajiv chandrasakaran best in the business. but when
a lot because they sell a lot in north america and same with international including china. finally for gm, the important thing to focus on here is that asia is increasingly being driven by the chinese market, and they are putting more of an emphasis on china when it comes to vehicle development. it's a big change from the early 2002 to 2003 when they bought dae woo out of south korea. at that time, keep in mind, 10, 12 years ago, they had very little expertise when it came to small cars. they needed dae woo, and that's a shame and gm is looking at how can it lower its cost and the record is that they are considering lowering production there. >> thanks very much. over to josh lipton for a three market flash. >> free acquisition to tell you about beginning with dole fruit, well in the green. agreed to be taken private by chair and ceo who raised his offer and back in june he over it at $12 a share. also, pin pall foo-- pinnacle fs down. both companies are leading players in the growing field of aviation information management. tyler, back to you. >> all right, thank you very much, j
by 3.4%. it was hit by natural catastrophes, bad weather essentially, in north america. but also in europe. net profit missing expectations for the second quarter, and companies also pretty cautious about its outlook. last but not least, i want to show you what is happening in the currency space. sterling dollar at a two-month high, sitting at 155.78. getting closer and closer to that 156 level. this is on the back of better -- much stronger than expected retail sales for the month of july. certainly benefitting from that heat wave we have been seeing in the uk. euro dollar pretty resilient at 132.82, back below the 133 level. and dollar yen seeing a little bit of softness at 98.07. this is because the finance minister in japan pretty much quashed hopes of that cut in the corporate tax rate and this is what the markets had been hoping for. so we are seeing some yen strength. and on the back of that, we are seeing declines, pretty big ones, actually, in the nikkei 225. back over to you guys. >> thanks very much, carolin. becky, are you still looking? >> looking for some of these.
countries, north ameri america, northern europe. emerging markets continue to struggle. overall, again, i think we're seeing a near-term issue. but going forward, i think you're going to be really happy with this company and i think over the long term over the next year or two i think you're going see pretty solid and strong growth. >> all right, jim channing sticking with his shares. we watch them down about 7%. moving on now to major news, president obama making a statement moment ace go on egypt. he said the u.s. will cancel joint military exercises with egypt. to help us understand this, john harwood joins us live now from washington with more. john? >> kelly, it was a minimalist response by the president. you had some people including former advisers of his own saying that the united states should suspend or cut off military aid to the egyptian government. the president did not do that. he said that they were going to cancel those bright star military exercises scheduled for next month and continue to consult with his national security team on other steps. what he was trying to do wa
? is this the beginning of the big correction? according to a conversation i had with mcneil curry of bank of america and merrill lynch on futures now, he's saying the yield could go as high as 3% and with that shift we'll see more volatility and potential downside for stocks. >> jackie, thank you very much. let me turn back to you, david. if i'm reading you correctly it's basically you may think that we're going to churn a little bit. may have bumpy times and basically the market will be all right. jackie just talked about some of the sectors doing well and not. if i buy your overall thesis, what sectionors do you like best right now? >> tyler, we like two sectors, tech and financials. in terms of technology, it's been a laggard this year. i think what people have maybe lost site of a little bit is that global profits have not grown in almost two years. u.s. companies have grown earnings, but outside the u.s. it's been a weaker story. that's really weighed on enterprise tech spending. as the global economy recovers we should see a better profit environment for non-u.s. companies. tech companies shou
there you go. we've tallied the results, and you said it, america. mike murphy, the bear on google won the debate, although you may -- >> i commend our viewers for their charitable bets. >> final trades. >> memory research. >> buy citi. >> buy apple. >> nice, 1:00 exactly. "power lunch" starts now. >> "halftime" is over. the second half of your trading day begins now. >> nailed it. 1:00 on the button. stocks are steady following last week's sell-off but there are new fears about the emerging markets. is there still opportunity out there or is your money better off here in the u.s. with tapering right around the corner? >>> a big week for retail earnings, folks. the sector is up about 25% so far this year. and we will tell you the one thing, the one thing that is defining the retail winners and losers, and it will surprise you. and may actually make you a little queasy when you find out. >>> and the wildfires out west, huge, fast-growing blaze sparking mandatory evacuations in idaho. sun valley, that is the area that is apparently most at risk out there. we are going to go there for
is destroying the starnt of living of middle class america, destroying their wages and yes, prices go up. look at oil companies. i know a lot of oil stocks and oil companies aren't making a lot of money. look at oil stock s going up. $100 a barrel is not high enough for the oil company toes economically replace depleting reserves. oil prices are much too cheap. inflation driving up the cost of exploring for oil. oil needs to be $150 to $200 a barrel for the oil companies to make decent profits. >> just saying, why is it, if you're saying oil is going to $200, do the four contract reflect an oil price lower than where we are said to? >> the consensus is wrong. wrong about a lot of things. the consensus is wrong about gold. about the bond market. remember what people thought about internet stocks in 1999? or about real estate in 2007? whmp you have a consensus, it's generally wrong. so i'm not looking at what most people think is going to happen to the price of oil. i'm looking at what i believe is going to happen to the price of oil and i think i'm a better barometer than just the consensus opi
. that is the precursor to what is today macy's. >>> america's farming industry going through a major transition and that could open up bigger opportunities for individuals to invest in farm land. here now to tell us about the risks and rewards about farm land investing is john taylor, at u.s. trust. thank you for coming in today. >> thank you for having me. >> we should set the stage a little bit for why we're at this position. why you might need investors to come in to what used to be family farms. a lot more expensive to be a family farmer and have to be able to have a much bigger land parcel, correct? >> that's right. if you look at the most recent usda report, based on the census they did in 2007, you have farmers who are 65 and older and another 32% 55 and 65, so you kind of add it all up. >> 65% of the farmers. >> 65% of farmers are 5 ye5 yea and older. that's in transition over the next 10, 15 years. you need the next generation of america's farmers on the land. >> is it tougher to get younger people these days to do this? >> in a lot of ways, kids went off to college and they may have g
america, you had no idea. it angers me because there's a responsibility there to the people investing in these companies, listed on that exchange, and, you know, to make sure they're aware of exactly what was going on. and they were left out. >> i think in fairness to greifeld it would be a question of priorities in his view. probably you have a relatively small team, the job has got to be to ensure that financially nobody gets hurt rather than appearing on cable television i think is the point he's trying to make. >> no question. i absolutely agree with that. i'm not saying that. i'm saying if you're sitting in the middle of the country you have no idea what's locked up and why. the press is the only conduit of information to you. i would say that we had an issue with facebook. we had an issue with the flash crash. we had an issue yesterday with what occurred on the nasdaq, technological issue. what i have an issue with is how it's communiqued to the public and how mom and pop in middle america are actually going to get informed on that and they should be informed because they're the
's happening. >> right? it's happening in america. a sad commentary. >> you know what, i saw it on andrew's face. >> depressing. >> why? we have al accomplished so much. >> depressing. >> look at the deficit reduction ha has occurred over the last three years. take it forward. it's 4 trillion over ten years. 4 trillion over ten years. >> you like it. jimmy likes it. yoep i don't understand it. >> the process is ugly. at the end of the day, we actually accomplished something. >> it's good, jimmy? >> 1.4 trillion when bush left office? today 643 billion. that's the number. >> is that good? i think it's fantastic. we should get below 500 billion. should put us where we were before the bush -- >> joe. >> i don't think the white house nodes to unsettle markets any more than they are unsettled. lock at the economy,ist very weak. a lot of underlying weak inside in the economy. why do we need this? there ought to be a negotiation, a discussion. we ought to have a chance to avoid the disaster let's go back to two years ago, i was luxuriously sitting on nan tuvenlth i had to leave to fly back to ne
. their time. it was bank of america's time before and now it is one of the moments when i look back at my own career and i realize that i had a choice, goldman sachs coming out of harvard law or paul weiss. i took goldman, but it is a paul weiss moment. law firm. i'm going law firm. >> you covered a lot of this when you talked to jamie here on the very floor a few weeks ago. >> yes. >> take a look at this bite. >> this company did great through the crisis, and we trade around the world and trade tr trillions of dollars everyday. we are a good company with flaws. >> you are used past tense. >> yes, there is some compliance and some mortgage and some industry-wide and some unique to us, ap when nd when we looked ae said they were accurate complaints. so we acknowledge the faults and we will fix them. we are not denying it, and we will fix them and make the regulators happy with what we are doing. >> look, a lot of blame to go around and a lot of people hate the bankers, and do you read the store ri and say, boy, i feel bad for jpmorgan and dimon, wow, what a shame. no, you don't. they are big t
develop it. they bought it. $300 million gets you $10 billion. >> awesome. >> welcome to america. >>> now to the markets. and the week ahead. director of fx strategy at bks management and bob ruska is fao economics chief economist. bob, i used to worry that, you know, everything's supposed to just go perfectly according to schedule for the fed to start tapering. and helle is going to be on saying we're going from three years to 3%. you're not sure it's a slam dunk that things keep improving. you think housing looks weak and there's other numbers that aren't cooperating with the fed in terms of showing that we're getting above stall speed. >> the backtrack and new home sales last week was unexpected. it was severe. and it was widespread. and, of course, because new home sales are listed at the time you sign the contract, whereas existing home sales don't get posted until after you close the deal, you see the impact of interest rates and new home sales -- >> you already see it. >> and so yeah. you saw this big decline. and you also saw that average home prices continue to go up or median ho
of america, can i ask you about that industry? obviously the billionaires are advancing on individual titles. you see bezos with "the washington post." the koch brothers may be coming in. warren buffett has been advancing into newspapers. what's the future of the industry in the country. i know you've done studies of how revenue streams ever changing. will it be as strong as it is in two decades? >> it's tremendous you're getting the interest in the investment from very savvy, very smart people from multiple backgrounds. the entire media landscape absolutely is transitioning. digital is changing the way all of us interact with media. i believe that newspapers are uniquely well positioned to take advantage of that transformation. we have unique content whether it's an opportunity newspaper who is covering an event, a sports event, city council that no one else covers, or a national or global brand like "the washington post," like "the new york times." the amount of unique, original content generated by newspapers surpasses any other media and whether it's delivered in print, in digital, onlin
Search Results 0 to 29 of about 30 (some duplicates have been removed)